Both Capital Crossroads and Discovery Special Improvement Districts (SIDs) have started the reauthorization process to renew their programs. Here is a brief description of how SIDs operate:
- A SID is an area in which property owners assess themselves to pay for services they decide are important
- Services do not replace city services – they add to them with programs property owners identify
- Extra safety and cleaning services top the list along with capital improvements
- When owners of 60% of properties within the district agree to levy an assessment, all private property owners then share in the costs.
- A nonprofit board of trustees controls SID finances and operations.
- SID plans for services usually operate for five years to ensure a high degree of accountability and transparency.
- Capital Crossroads SID property owners created the SID in 2001 and renewed it in 2006, 2011 and 2016.
- Discovery SID property owners created the SID in 2006 and renewed it in 2010 and 2015.
In Capital Crossroads SID, there are two proposed plans for service.
- The transit plan for services (Downtown C-pass) will begin in 2021 (when the current one expires) and the base plan for services will begin in 2022 (also when it expires). The transit plan for services will increase from 3 cents per square foot to 6 cents per square foot. This plan for services does not apply to parking or residential properties.
- The base plan for services (cleaning, safety and beautification) will increase by 10 percent in 2022 and by 3 percent each year thereafter to catch up with inflation. SID assessments are fixed; they do not grow with inflation. Capital Crossroads has not increased assessments since 2010 and inflation has been 46% since that time.
In Discovery SID, there is only one plan for services which pays for safety services and promotions. As with Capital Crossroads, Discovery SID's assessments are fixes and do not grow with inflation. The reauthorization proposes a ten percent increase to catch up with inflation, the same increase Discovery has enacted each time its program was reauthorized.
Please contact Marc Conte with questions at (614) 591-4507 or email using the contact form on our website.